Opportunity knocks! Bidding starts at $250,000 and tax assessment is $799,600. This former bank branch is located at the signalized intersection of Washington Avenue and Morgenec Road in historic Chestertown. The 2,007 sf building sits upon a 0.35 acre corner lot with access from both roads. The building is in good condition and ready for use. The property has 12 marked parking spaces and one drive thru lane. The interior is built out as a typical bank branch and includes an open lobby area, 4 teller windows, 2 offices, a large work room, a break room and 1 bathroom. The property is zoned C-1, General Commercial District which permits a wide variety of uses including retail, restaurant, barber shops and beauty salons, convenience stores and much more. It is walking distance from Washington College and nearby retailers include Walgreens, ACME and Tractor Supply. The property is located in both the Federal Opportunity Zone and Kent County Enterprise Zone making it eligible for certain tax incentives.
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Located on the SE corner of the intersection of Washington Avenue and Morgnec Road in Chestertown